Reshoring: Is your manufacturing business bringing operations back to the U.S.?
|
|
- Hannah Walton
- 6 years ago
- Views:
Transcription
1 Wisconsin Manufacturing Industry Survey Results: Reshoring: Is your manufacturing business bringing operations back to the U.S.? Despite losing a tremendous number of manufacturing jobs to low labor cost countries over the past two decades, the United States manufacturing industry remains one of the world leaders in advanced manufacturing and innovation. According to the Congressional Research Service Report issued March 17, 2015, the U.S. s value-added manufacturing was $2,029 billion in 2013 compared to $2,741 billion for China. However, Japan, the third largest country with $917 billion, lagged significantly behind the U.S. in value-added manufacturing. Wisconsin has the second highest manufacturing concentration of any state in the U.S. * According to the Wisconsin Economic Development Corporation s Manufacturing by the Numbers report, Wisconsin manufacturers produced nearly $50 billion worth of output in Foreign sourcing of product has helped many U.S. manufacturers remain competitive, and thus has contributed to U.S. manufacturing success. However, much discussion lately has suggested the tides may be changing with respect to the pace of foreign sourcing of product. We asked executives of mid-size manufacturing companies based in Wisconsin to share their view on this subject, and its specific impact on how they manage their businesses. This report is a summary of their responses, comments, and suggestions. Read on to learn about the results of our survey schencksc.com * Source: U.S. Department of Labor Bureau of Labor and Statistics Quarterly Census of Employment and Wages, June 2014 All survey results Schenck SC 2015.
2 Profile of respondents A total of 81 manufacturers responded to the survey. Which manufacturing sector best describes your business? * As shown, the respondents represent a diverse cross-section of manufacturing, with an emphasis in the metals and machinery sector. Electrical or computers 5.0% Food & beverage 7.5% Metal, machinery, foundry 47.5% Paper & printing 16.3% Plastics 12.5% Transportation 1.3% Wood manufactured products 6.3% Other, or not designated 3.8% * May not total 100% due to rounding. What is your annual revenue? Our respondents include companies with sales ranging from less than $1 million to over $500 million, with more than 40% concentrated within the $15 million to $50 million range. Annual revenue Number $1 million or less 5 $1 million to $2.5 million 2 $2.5 million to $5 million 9 $5 million to $15 million 27 $15 million to $50 million 21 $50 million to $250 million 13 $250 million to $500 million 0 More than $500 million 2 Chose not to disclose schencksc.com June
3 Reshoring efforts Does your company currently source components to foreign manufacturers? Yes 27.2% No 72.8% Percentage of foreign-sourced components to total product cost? * For almost three quarters of the respondents who foreign source components, the foreign made components make up no more than 20% of the respondent s product total costs. This indicates that the bulk of the respondents product costs are still domestic-based costs, most likely generated by more value-added manufacturing activities, a trend supported by our experience working with manufacturing clients. This is also consistent with the data from the Organisation for Economic Co-operation and Development, which shows that domestic value added accounts for a comparatively high proportion of the value of U.S. manufactured exports. U.S. manufacturers use a low proportion of imported inputs and a high proportion of domestically produced inputs, compared to manufacturers in other countries. Has your company reshored all or a portion of your foreign sourced components to U.S. or Mexico? Almost a quarter of the respondents either have already reshored manufacturing, or they are analyzing the possibility. Although this may be interpreted as a reshoring trend, interestingly, the survey also indicates 18% of respondents are considering increasing their foreign sourcing of product. From a macro perspective, reshoring may be offset by other foreign sourcing growth. More than 80% 13.6% 60% 80% 40% 60% 20% 40% Nominal 20% 72.7% No, but will be considering in near future Yes, we have 18.2% No, plan to increase foreign sourcing 18.2% No 59.1% * May not total 100% due to rounding schencksc.com June
4 Rank the factors driving your consideration to reshore Respondents clearly communicated customer delivery schedules and transportation costs are the leading reasons for reshoring, followed closely by quality issues. Foreign sourcing manufacturing requires intensive scheduling and quality control. The trends in manufacturing in the U.S. to more advanced manufacturing with shorter lead times, smaller runs and higher precision needs presents critical challenges to sourcing product offshore. 1 1 (tie) (tie) Intellectual property concerns Inventory costs Engineering collaboration Language barriers Increasing foreign labor costs Foreign currency risks Better domestic automation Domestic capacity availability Patriotism Foreign Ccorruption Cost overruns Lower domestic natural gas energy costs Quality issues Delivery timetables Transportation & shipping costs How much would additional U.S. tax incentives to reshore influence your decision? Interestingly, tax incentives appear not to be a driving force in a company s decision to reshore manufacturing. Only 17% of respondents indicated that U.S. tax incentives are highly important to their decision to reshore or not. Respondents answers to the next survey question shed some light on more pressing reshoring factors. However, those few respondents who did indicate that tax incentives are highly important to their consideration to reshore consistently communicated their concerns with the high income federal tax rates, and the costs of complying with the Affordable Care Act regulations. Recently enacted Wisconsin manufacturing tax incentives were applauded by a respondent. Highly important 16.7% Important 33.3% Not at all 50% schencksc.com June
5 Rank your obstacles to reshoring Consistent with existing knowledge, the respondents number one obstacle to reshoring is higher labor costs in the U.S. Looking at it from a different angle would show that labor costs are the leading reasons why U.S. manufacturers foreign source product. Also, foreign manufacturers often do not face the same degree of regulatory challenges as U.S. manufacturers, including environmental and health care regulations. It is interesting to note that respondents rated lack of skilled labor in the U.S. as the third leading obstacle to reshoring manufacturing. Lack of skilled labor in U.S. Higher labor costs in U.S. Regulatory constraints in U.S. Lack of specialization in U.S Global competition (i.e., margins) Capital for expansion in U.S. Energy costs in U.S. Unions Other Skana Aluminum, a privately-held aluminum manufacturer in Manitowoc, WI, regularly competes against foreign product in the marketplace. According to Skana s chairman and CEO, Tom Testwuide, Sr., the keys for a domestic manufacturer to successfully compete against lower foreign prices are to operate an efficient plant, produce consistent quality, and always meet customers shorter delivery requirements. As an owner of a prior company with operations in China, Testwuide knows and understands the manufacturing environment in China, and gets the advantages and disadvantages of foreign-sourced product brought to the U.S. marketplace. In his industry, he sees the prices of competing product produced in China often fluctuate, primarily from frequent deviations in the China value-added taxes, which can be as high as 17% of the product price. These price fluctuations, along with quality and delivery concerns, can cause significant production issues with customers. Testwuide observes U.S. auto manufacturers moving or reshoring production to Mexico, with advantages to them of being closer to home but with lower wage costs. Likewise, some suppliers to the auto industry are following the auto manufacturers to Mexico as well. Although Skana exports products to Mexico and Canada, Skana continues to produce all of its product domestically, and in fact has strategically expanded its operations within the U.S., with significant weight afforded to proximity to customers and available production facilities. Testwuide applauded local and Wisconsin state government for their huge support five years ago when he and an investor group acquired the assets of the predecessor to Skana. Their support was instrumental in keeping 150 jobs in Wisconsin schencksc.com June
6 Respondents comments, recommendations, and observations In response to the question Which current tax incentives are important to you? respondents commented: Lower corporate tax rates State business and state overall tax reductions Need to reduce cost of Affordable Care Act Any incentive that would flow through to S Corporation shareholders 50% first year bonus depreciation Federal Domestic Production Activity Deduction None. We are already stuck with the highest corporation tax in the world the deck is stacked against small and medium companies Other respondents comments included: increased taxes and government costs are making foreign sourcing more competitive Costs of semiconductors and electronic components is at least 30% higher in the U.S Foreign-sourced fabricated sheet metal enclosures cost 1/3 of U.S. prices, including transportation and duties. We plan on significantly increasing the amount of subassemblies imported from India. Once the supply chain is established, it is difficult to re-establish the supply chain locally. I believe the biggest obstacle to reshoring is the low wages that other countries pay their workers. These wages do not compare/meet the US standard for the poverty level of U.S. citizens & what is considered to be a fair wage in this country. Also, other countries do not have the government regulations for their businesses as do U.S. companies in regard to safety, health insurance, taxes, etc schencksc.com June
7 Services for manufacturing clients Accounting, assurance and tax solutions Research and development tax credit Export incentives Expansion and job growth incentives Sales and use tax exemptions for manufacturers Plant cost segregation studies Business management software needs analysis, selection, implementation, training and support Bar coding and shop floor automation Electronic data interchange Production and inventory control Operations management Continuous improvement / Lean Human resources consulting Industry benchmarking Lean manufacturing Inventory costing consulting Global resources and connections Mergers and acquisitions Manufacturing CFO roundtables Contact Schenck Our professionals understand the demands of the manufacturing environment from the shop floor to the board room, and can help you discover the keys to greater profitability and optimum efficiency. For more information on how Schenck can help your business, contact any of our Manufacturing team leaders. Brad Frank, CPA brad.frank@schencksc.com Karin Gale, CPA, CM&AA karin.gale@schencksc.com Don Kossow, CPA donald.kossow@schencksc.com Dan Koszalinski, CMA, CPA dan.koszalinski@schencksc.com schencksc.com Appleton Fond du Lac Green Bay Manitowoc Milwaukee Oshkosh Sheboygan Wausau All survey results Schenck SC 2015
Reshoring Initiative Data Report: Reshoring and FDI Boost US Manufacturing in Introduction. Data Chart Index. Categories.
Blog Post Categories General Reshore Now Comments (0) March 28, 2016 Reshoring Initiative Data Report: Reshoring and FDI Boost US Manufacturing in 2015 Introduction This report contains data on trends
More informationTo Offshore or Reshore: How to Objectively Decide. TCO: A Key to Justifying Advanced Manufacturing
To Offshore or Reshore: How to Objectively Decide TCO: A Key to Justifying Advanced Manufacturing Reshoring: A Key to MA Supply Chain and Workforce Recruiting MA Advanced Manufacturing Summit Harry Moser
More informationUS SERVICES TRADE AND OFF-SHORING
US SERVICES TRADE AND OFF-SHORING Martin Neil Baily With the Assistance of Matt Johnson The Brookings Institution Presentation at Princeton s CEPS Symposium on Off-Shoring November 16-17, 2007 The Broader
More informationReshoring: A Manufacturing Strategic Perspective. Presented by Jay C. Moon CEcD, FM Mississippi Manufacturers Association
Reshoring: A Manufacturing Strategic Perspective Presented by Jay C. Moon CEcD, FM Mississippi Manufacturers Association 4 1979 Fortune 500: Top 25 1. General Motors 2. Exxon 3. Ford 4. Mobil 5. Texaco
More informationNearshoring is a valuable part of a company's logistics strategy
An Agility White Paper Nearshoring is a valuable part of a company's logistics strategy - 1 - Nearshoring is a valuable part of a company's logistics strategy Many companies have already had experiences
More informationQualified Facility Income Tax Credit Program
Qualified Facility Income Tax Credit Program Calendar Year 2013 Annual Report Prepared by the: Table of Contents Program Overview... 3 Reporting Requirements. 4 Calendar Year 2013 Business Activity 4 Comparison....
More informationCommon Fallacies about Globalization and International Business. Ram Mudambi, Temple University Ajai Gaur, Rutgers University
Common Fallacies about Globalization and International Business Ram Mudambi, Temple University Ajai Gaur, Rutgers University The 2016 US presidential election debates are unusually focused on trade and
More informationSingapore Semiconductor Industry Association
Singapore Semiconductor Industry Association ISA Vision Summit 2013 Ulf Schneider President, SSIA Managing Director, Lantiq Asia Pacific Pte.Ltd. Bangalore, 15th February 2013 Title Semiconductor Growth
More informationReshoring Text for IEDC s Economic Development Marketing and Attraction training manual
What is Reshoring? Reshoring can be defined as the act of returning previously offshored jobs to their home soil. This trend developed in response to decades of offshoring in which American firms shifted
More informationGlobal Supply Chains and Outsourcing
Global Supply Chains and Outsourcing AED/IS 4540 International Commerce and the World Economy Professor Sheldon sheldon.1@osu.edu What are Global Supply Chains? 80 percent of trade now occurs within global
More informationHow Colorado's Economy Benefits from International Trade & Investment
How Colorado's Economy Benefits from International Trade & Investment With more than 95 percent of the world s population and 80 percent of the world s purchasing power outside the United States, future
More informationGreater Richmond. Relocation Council. April 12, 2016
Greater Richmond Relocation Council April 12, 2016 Economic Development Organizations State Virginia Economic Development Partnership Region Greater Richmond Partnership Local City of Richmond Dept. of
More informationEcon 340. Lecture 22 Outsourcing and Offshoring
Econ 340 Lecture 22 Outsourcing and Offshoring News: Apr 2-8 Trump pushes on immigration -- WSJ: 4/5 Canvas NYT: 4/3 Canvas WP: 4/4 Canvas Trump plans to send 2,000-4,000 National Guard troops to the US-Mexico
More informationChapter One. Globalization
Chapter One Globalization Opening Case: The Globalization of Health Care 1-3 There is a shortage of radiologists in the United States and demand for their services is growing twice as fast as the rate
More informationLEVERAGING TRADE AND INVESTMENT TO BUILD A STRONGER ECONOMY
LEVERAGING TRADE AND INVESTMENT TO BUILD A STRONGER ECONOMY New Mexico must establish itself as a player in the global economy. The current administration s short-sighted approach has put New Mexico far
More informationGROWTH THROUGH EXPORTS. Kristian Richardson U.S. Commercial Service - Arizona March 2015
GROWTH THROUGH EXPORTS Kristian Richardson U.S. Commercial Service - Arizona March 2015 Why American Firms Should Export Less than 1% of America s 30 million companies export, a percentage that is significantly
More information2010 Small Business Exporting Survey
2010 Small Business Exporting Survey Foreword Since 1937, the National Small Business Association (NSBA) has been the nation s leading small-business advocate. Through our collaborative work with the Small
More informationOutsourcing Industry: Effects on India
FH Aachen University of Applied Sciences Heinrich-Mußmann-Str. 1 52428 Jülich Report On Outsourcing Industry: Effects on India By Chandra Kanth Kosuru Matr. No- 3055352 Masters in Energy systems International
More informationBrampton: Poised for Greatness
Brampton: Poised for Greatness 2016 Federal Pre-budget Submission The Brampton Board of Trade 36 Queen Street E. Suite #101 Brampton, ON L6V 1A2 905-451-1122 www.bramptonbot.com ABOUT THE BRAMPTON BOARD
More informationRobotics and Reshoring: Case Studies of the Apparel and Footwear and Electronics Industries
Robotics and Reshoring: Case Studies of the Apparel and Footwear and Electronics Industries Fernanda Bárcia de Mattos David Kucera ILO Employment Policy Dept. Technological feasibility and routine work
More informationExporting Report. Central Wisconsin Economic Research Bureau. Centergy Region 2014
Exporting Report Centergy Region 2014 Randy Cray, Ph.D., Chief Economist Scott Wallace, Ph.D., Research Associate Central Wisconsin Economic Research Bureau Export Survey Report [jed].indd 1 Export Survey
More informationCHAPTER 10 Grant Management
CHAPTER 10 Grant Management Table of Contents Page GRANT MANAGEMENT 1 Introduction... 1 Financial Management of Grants... 1 Planning and Budgeting... 1 Application and Implementation... 2 Monitoring...
More informationSME Internationalisation: Characteristics, Barriers and Policy Options
2014/ISOM/SYM/014 Session: 5 SME Internationalisation: Characteristics, Barriers and Policy Options Submitted by: OECD Symposium on APEC 2015 Priorities Manila, Philippines 8 December 2014 SME INTERNATIONALISATION:
More informationChapter One. Globalization. Globalization of Markets. Globalization of Markets. What is Globalization? Opening Case: The Globalization of Health Care
Chapter One Opening Case: The Globalization of Health Care 1-2 Globalization There is a shortage of radiologists in the United States and demand for their services is growing twice as fast as the rate
More informationHOUSE OF REPRESENTATIVES BUY AMERICAN AMENDMENTS TO THE FY 2004 DEFENSE AUTHORIZATION BILL
HOUSE OF REPRESENTATIVES BUY AMERICAN AMENDMENTS TO THE FY 2004 DEFENSE AUTHORIZATION BILL The House of Representatives recently passed the FY 2004 Defense Authorization Bill (H.R.1588) with several amendments
More informationINCENTIVES AND SUPPORT SYSTEMS TO FOSTER PRIVATE SECTOR INNOVATION. Jerry Sheehan. Introduction
INCENTIVES AND SUPPORT SYSTEMS TO FOSTER PRIVATE SECTOR INNOVATION Jerry Sheehan Introduction Governments in many countries are devoting increased attention to bolstering business innovation capabilities.
More informationAlabama Leverages Funding for Industrial Energy Efficiency
Alabama Leverages Funding for Industrial Energy Efficiency Sandy Glatt and Jamey Evans, U.S. Department of Energy Garrett Shields, BCS, Incorporated ABSTRACT The state of Alabama is using a number of federal
More informationForeign Direct Investment
Foreign Direct Investment O NEAL // FOREIGN DIRECT INVESTMENT // 1 O NEAL KEEPS A PULSE ON MANUFACTURING TRENDS IN THE UNITED STATES PARTICULARLY THE MANUFACTURING BOOM THAT IS OCCURRING IN THE SOUTHEAST.
More informationOutsourcing: Is the Third Industrial Revolution Really Around the Corner?
Outsourcing: Is the Third Industrial Revolution Really Around the Corner? Arvind Panagariya Columbia University Macro Research Conference 2007 Tokyo Club Foundation for Global Studies, Tokyo November 13-14,
More informationGREATER CINCINNATI: A MANUFACTURING POWERHOUSE
GREATER CINCINNATI: A MANUFACTURING POWERHOUSE GREATER CINCINNATI HAS a vibrant business culture to support manufacturing companies that need to discover new ways to market products, send those products
More informationEconomic Development in South Carolina: Wins, Trends & What Prospects are Looking For. Allison Skipper, APR Director of Marketing & Communications
Economic Development in South Carolina: Wins, Trends & What Prospects are Looking For Allison Skipper, APR Director of Marketing & Communications Who is the SC Department of Commerce? South Carolina s
More informationFOREIGN DIRECT INVESTMENT IN CATALONIA AND BARCELONA
FOREIGN DIRECT INVESTMENT IN CATALONIA AND BARCELONA Executive Summary and Conclusions. February - April 2017 2 Executive summary Executive Summary 1.1 Methodology and Objectives The objectives of this
More informationPer Capita Personal Income (*GDP/Population) This is often used as a standard of living measurement: $55,733
CONTACT INFORMATION Contact Name: Tina Hoffman Contact Phone Number: 515-725-3150 Contact Email Address: mailto:tina.hoffman@iowaeda.com US State Name: Iowa IOWA State Economic Survey and Incentive Comparison
More informationMEASURING R&D TAX INCENTIVES
General notes OECD time-series estimates of implied marginal R&D tax subidy rates (1 minus B-index) This is an experimental indicator based on quantitative and qualitative information representing a notional
More informationRebuilding America... With American Steel
Page 1 of 5 Rebuilding America... With American Steel With his Day One commitment to two simple rules -- Buy American and Hire American -- President Trump declared that his support for new American infrastructure
More informationChapter The Importance of ICT in Development The Global IT Sector
Chapter 2 IT Sector: Alternate Development Models 2.1. The Importance of ICT in Development The contribution of the Information and Communication Technology (ICT) sector to socioeconomic development is
More informationManufacturing, exports and jobs for California and America Policies for economic growth and competitiveness
Manufacturing, exports and jobs for California and America Policies for economic growth and competitiveness Ross DeVol Executive Director, Economic Research (310) 570 4615 rdevol@milkeninstitute.org www.milkeninstitute.org
More informationPanel 1 Canada s Investment Advantage
Panel 1 Canada s Investment Advantage Competitive Alternatives 2014 - KPMG s Guide to International Business Location Costs 8 th Chinese Enterprises Outbound Investment Conference April 2014 Jamie Samograd
More informationWEDC HELPING TO MOVE WISCONSIN FORWARD. Reed E. Hall Secretary/CEO
WEDC HELPING TO MOVE WISCONSIN FORWARD Reed E. Hall Secretary/CEO WEDC S AREAS OF EMPHASIS Encourage startups and investment capital Nourish existing Wisconsin companies Recruit existing businesses from
More informationINNOVATION AND TECHNOLOGY IN A BRICS COUNTRY CASE OF SOUTH AFRICAN ENTERPRISES
INNOVATION AND TECHNOLOGY IN A BRICS COUNTRY CASE OF SOUTH AFRICAN ENTERPRISES 1 Smita Kuriakose, The World Bank Investigating Industrial and Innovation Policies for Growth: Contrasting Expert s Views
More informationGlobal Location Trends: Asia-Pacific Facts & Figures
IBM Global Business Services November 2012 Global Location Trends: Asia-Pacific Facts & Figures Table of Contents (1/4) Chapter 1: Leading sectors and activities for foreign investment 1.1 Top investing
More informationChicago Scholarship Online Abstract and Keywords. U.S. Engineering in the Global Economy Richard B. Freeman and Hal Salzman
Chicago Scholarship Online Abstract and Keywords Print ISBN 978-0-226- eisbn 978-0-226- Title U.S. Engineering in the Global Economy Editors Richard B. Freeman and Hal Salzman Book abstract 5 10 sentences,
More informationInternational Business an overview
International Business an overview International business is all commercial transactions private (for profit) and governmental (for profit or political reasons) - between two or more countries 1 Example
More informationQuestions and Answers Florida Department of Economic Opportunity Employment and Unemployment Data Release July 2018 (Released August 17, 2018)
Questions and Answers Florida Department of Economic Opportunity Employment and Unemployment Data Release July 2018 (Released August 17, 2018) 1. What are the current Florida labor statistics and what
More informationQ Manpower. Employment Outlook Survey Global. A Manpower Research Report
Manpower Q1 29 Employment Outlook Survey Global A Manpower Research Report Manpower Employment Outlook Survey Global Contents Q1/9 Global Employment Outlook 1 International Comparisons Americas International
More informationNational Security Assessment of the U.S. Shipbuilding and Repair Industry and DOC-USCG Deepwater Cooperation
National Security Assessment of the U.S. Shipbuilding and Repair Industry and DOC-USCG Deepwater Cooperation Pacific 2002 U.S.-AUS Maritime Cooperation Conference Sydney, Australia January 31, 2002 Brad
More informationCanadian Agricultural Automation Cluster: Call for Proposals
Canadian Agricultural Automation Cluster: Call for Proposals Deadline: 5pm EST Tuesday November 14, 2017 The Initiative: Vineland Research and Innovation Centre (Vineland) is currently developing a large-scale
More informationMaximizing State Economic Growth
U.S. Department of Commerce Minority Business Development Agency Maximizing State Economic Growth National Conference of State Legislatures Legislative Summit - San Antonio, Texas August 11, 2011 Bridget
More informationNORTH CAROLINA ECONOMIC DEVELOPMENT BOARD 2011 ANNUAL REPORT ON ECONOMIC DEVELOPMENT FOR THE STATE OF NORTH CAROLINA
NORTH CAROLINA ECONOMIC DEVELOPMENT BOARD 011 ANNUAL REPORT ON ECONOMIC DEVELOPMENT FOR THE STATE OF NORTH CAROLINA The North Carolina Economic Development Board oversees state economic development research
More informationFactors and policies affecting services innovation: some findings from OECD work
Roundtable on Innovation in Services Lisbon Council, Brussels, 27 November 2008 Factors and policies affecting services innovation: some findings from OECD work Dirk Pilat Head, Science and Technology
More informationDELIVERING THE NEXT ECONOMY The Central Role of Exports
DELIVERING THE NEXT ECONOMY The Central Role of Exports Metropolitan Policy Program at BROOKINGS NEI ExportNOW Conference, Wichita KS / June 2, 2011 1 8.4 million jobs lost in the recession Source: Brookings
More informationGlobal Sourcing Market Update: October, 2007 Preview Deck Topic: Bank of the Future The Emerging Operating Model
Global Sourcing Market Update: October, 2007 Preview Deck Topic: Bank of the Future The Emerging Operating Model Copyright 2007, Everest Global, Inc. Industry trends are transforming the operating models
More informationEnabling Better Communities
S o c ia lly F ra n c h is e d L a s t Mile D is trib u tio n S o lu tio n s Enabling Better Communities K@imhanya.com 1 as last mile distribution infrastructure. Enabling Better Communities Imhanya improves
More informationOwnership Dynamics of a Typical Privately Owned Company
Ownership Dynamics of a Typical Privately Owned Company Presentation to the FEI NE WI Chapter Mike Vander Zanden April 18, 2018 Agenda Overview of Amerequip Board of Directors Disclosure Requirements Management
More informationQ Manpower. Employment Outlook Survey Global. A Manpower Research Report
Manpower Q4 Employment Outlook Survey Global A Manpower Research Report Manpower Employment Outlook Survey Global Contents Q4/ Global Employment Outlook 1 International Comparisons Americas International
More informationTOPSIL Danske Markets, 29 November 2012
TOPSIL Danske Markets, 29 November 2012 AGENDA 1. Topsil in brief 2. Strategy Executing on Opportunities 3. Questions TOPSIL HAS BEEN IN BUSINESS FOR MORE THAN HALF A CENTURY Ultrapure silicon for semiconductor
More informationIndustry Market Research release date: November 2016 ALL US [238220] Plumbing, Heating, and Air-Conditioning Contractors Sector: Construction
Industry Market Research release date: November 2016 ALL US [238220] Plumbing, Heating, and Air-Conditioning Contractors Sector: Construction Contents P1: Industry Population, Time Series P2: Cessation
More informationGlobal Marketing Strategies. Chapter 12 Global Marketing Strategies Copyright 2012 Pearson Education, Inc. publishing as Prentice Hall 12-1
Global Marketing Strategies Chapter 12 Global Marketing Strategies Copyright 2012 Pearson Education, Inc. publishing as Prentice Hall 12-1 Globalization Grant Thornton study: 56% of CEOs at medium-sized
More informationPRIORITY 1: Access to the best talent and skills
UK architecture is a global success story worth over 4 billion a year. Architects from around the world come here to study, work and develop new skills and contacts, helping British firms design ground-breaking
More information3 rd quarter results 2009
3 rd quarter results 2009 revenue trend gradually turning; increased gross margin pressure largely offset by continued strong cost management RobertJan van de Kraats, CFO Randstad Holding nv October 29,
More informationThe 2017 Best 50 Corporate Citizens in Canada: Methodology
The 2017 Best 50 Corporate Citizens in Canada: Methodology Ranking is conducted by Corporate Knights, a specialized media and investment research company Corporate Knights is a Toronto-based, employee-owned
More informationBoard of Investment Thailand Policies and Incentives. Ms. Vibulphan Juntarashote Sydney, Australia July 24, 2006
Board of Investment Thailand Policies and Incentives Ms. Vibulphan Juntarashote Sydney, Australia July 24, 2006 Liberal Investment Regime No export requirements No foreign equity restrictions in manufacturing
More informationWinning in Today s Outsourcing-Driven World. Michael F. Corbett The 2001 Outsourcing World Summit
Winning in Today s Outsourcing-Driven World Michael F. Corbett The 2001 Outsourcing World Summit Outsourcing is Reshaping Our... Economy Strategy Operations Technology Management Outsourcing s Economic
More informationThe U.S. Government Role in FDI Attraction. SelectUSA.gov
The U.S. Government Role in FDI Attraction SelectUSA.gov U.S. FDI Trends Industry breakdown of total U.S. FDI stock ($2.3 trillion) Food Professiona 3% l &Technical Other services 2% 22% Manufacturing
More informationEDCO Conference, Toronto, ON February 8,
EDCO Conference, Toronto, ON February 8, 2017 www.bluewaterwoodalliance.com 1 Agenda Cluster Context: Secondary Wood Manufacturing in Numbers Introduce the Bluewater Wood Alliance What are cluster organizations?
More informationThe New Carolina Initiative
The New Carolina Initiative Professor Michael E. Porter Harvard Business School New Carolina Annual Celebration September 22, 2011 For further material on regional competitiveness and clusters: www.isc.hbs.edu/econ-clusters.htm
More informationJob Development Investment Grant Quarterly Report
Job Development Investment Grant Quarterly Report First Quarter 2012 January March Introduction This report describes all Job Development Investment Grant ( JDIG ) awards made by the Economic Investment
More informationMarch 13, To All U.S. Conference of Mayors Members:
March 13, 2014 To All U.S. Conference of Mayors Members: On behalf of The U.S. Conference of Mayors, Walmart and the Walmart Foundation, we are writing to invite you to be part of a compelling initiative
More informationEXECUTIVE SUMMARY. Global value chains and globalisation. International sourcing
EXECUTIVE SUMMARY 7 EXECUTIVE SUMMARY Global value chains and globalisation The pace and scale of today s globalisation is without precedent and is associated with the rapid emergence of global value chains
More informationReport to the Greater Milwaukee Business Foundation on Health
Report to the Greater Milwaukee Business Foundation on Health Key Factors Influencing 2003 2012 Southeast Wisconsin Commercial Payer Hospital Payment Levels Presented by: Keith Kieffer, CPA, RPh Management
More informationPre-Budget Submission. Canadian Chamber of Commerce
Pre-Budget Submission Canadian Chamber of Commerce Productivity is critical to the performance of Canada s economy, and to our prosperity, because increasing output per worker enables us to raise real
More informationIndustrial Strategy Green Paper. Consultation Response Manufacturing Northern Ireland
Industrial Strategy Green Paper Consultation Response Manufacturing Northern Ireland Introduction Manufacturing is the engine which drives the private sector in Northern Ireland. 1 in 4 families are directly
More informationCanadian Industrial Participation in the F-35 Joint Strike Fighter Program. Fall 2014
Canadian Industrial Participation in the F-35 Joint Strike Fighter Program Fall 2014 Table of Contents Minister s Message 3 Canadian Industrial Participation in the F-35 Joint Strike Fighter (JSF) Program
More informationEncouraging innovation in Malaysia Appropriate sources of finance
Encouraging innovation in Malaysia Appropriate sources of finance Cassey Lee and Lee Chew-Ging Nottingham University, Business School University of Nottingham, Malaysia Campus Evidence from national innovation
More informationProtecting WI Medicaid: Avoiding Harm in Our Communities
Protecting WI Medicaid: Avoiding Harm in Our Communities Oshkosh, Wisconsin June 22, 2017 Sponsors of this Training 1 Your Presenters Lisa Pugh, Executive Director The Arc Wisconsin; Co-Chair Survival
More informationOKP Holdings Limited posts net profit of S$3.5 million on revenue of S$33.9 million for the first quarter ended 31 March 2010
No. 6 Tagore Drive #B1-06, Tagore Building Singapore 787623 Tel: (65) 6456 7667 Fax: (65) 6453 7667 OKP Holdings Limited posts net profit of S$3.5 million on revenue of S$33.9 million for the first quarter
More informationInterim Report. First quarter 2017, BioPorto Group. May 4, 2017 Announcement no. 09. BioPorto A/S CVR DK
Interim Report First quarter 2017, BioPorto Group May 4, 2017 Announcement no. 09 BioPorto A/S CVR DK-17500317 Highlights US clinical trials for The NGAL Test initiated and sales of the test has grown
More informationThe Economic Impacts of the New Economy Initiative in Southeast Michigan
pwc.com/us/nes The Economic Impacts of the New Economy Initiative in Southeast Michigan The Economic Impacts of the New Economy Initiative in Southeast Michigan June 2016 Prepared for The Community Foundation
More informationThe role of national development banks un fostering SME access to finance
The role of national development banks un fostering SME access to finance Hernando Castro. Bancoldex. Colombia Septembre de 2017 Bancoldex s Ownership Structure Generalities Incorporated as a mixed stock
More informationEntrepreneurship and Innovation
Promotion of Entrepreneurship and Innovation Shaping the Future through Innovation and Entrepreneurship in the Middle East and North Africa 5 th Regional Workshop of MENAinc Bahrain, October 21, 2007 Ellen
More informationInvesting in Canada - BC
Investing in Canada - BC Benefits available for establishing operations in Canada & BC Presented to: Washington Economic Development Association August 15, 2017 Why do US based companies move portions
More informationGlobal Competitiveness Index. Rank (Out of 131 countries/economies) Score (Out of 7) Global Competitiveness Index
Global Competitiveness Index Rank (Out of 131 countries/economies) Score (Out of 7) Global Competitiveness Index 2007-2008 86 3.87 Global Competitiveness Index 2006-2007 (out of 122) 78 3.90 Subindex A:
More informationTHE CPA AUSTRALIA ASIA-PACIFIC SMALL BUSINESS SURVEY 2016
THE CPA AUSTRALIA ASIA-PACIFIC SMALL BUSINESS SURVEY GENERAL REPORT FOR AUSTRALIA, CHINA, HONG KONG, INDONESIA, MALAYSIA, NEW ZEALAND, SINGAPORE AND VIETNAM Legal notice CPA Australia Ltd ( CPA Australia
More informationNew Brunswick Information & Communications Technology Sector Strategy
N E W B R U N S W I C K New Brunswick Information & Communications Technology Sector Strategy alue-added Food 2012-2016 Information and Communications Technology Biosciences Aerospace Biosciences Aerospace
More informationthe dti Incentive Programmes Mzwakhe Lubisi 18 October 2013 Austrian roundtable discussion DBSA
the dti Incentive Programmes Mzwakhe Lubisi 18 October 2013 Austrian roundtable discussion DBSA 1 the dti: THE ENTERPRISE ORGANISATION TEO s mission statement To stimulate and facilitate the development
More informationReshoring Trends. MS MIIA Reshoring Summit. Harry Moser President Reshoring Initiative
Reshoring Trends MS MIIA Reshoring Summit Harry Moser President Reshoring Initiative 1 The Bleeding has Stopped New Offshoring New Reshoring & FDI Net Jobs Gained Manufacturing Jobs/Year 2000-2003 Annual
More informationRAPIDE - Action Groups
Subject: Themes for Dear RAPIDE Partners! Below you ll find the general description of all RAPIDE Action Groups and the preliminary distribution of RAPIDE partners along these different Action Groups.
More informationCrispin Simon Director UKTI. MSB and SME Programmes
Crispin Simon Director UKTI MSB and SME Programmes DC Bead Thinking about markets Some Country Types Some Selection (s) Criteria Near and less challenging Ireland, Holland, Denmark Far and less challenging
More informationQ4 & Annual 2017 HIGHER EDUCATION. Employment Report. Published by
Q4 & Annual 2017 HIGHER EDUCATION Employment Report Published by ACE FELLOWS ENHANCE AND ADVANCE FELLOWS PROGRAM American Council on Education HIGHER EDUCATION. With over five decades of success, the ACE
More informationRESEARCH & DEVELOPMENT TAX CREDITS FOR ASSOCIATED BUILDERS & CONTRACTORS
RESEARCH & DEVELOPMENT TAX CREDITS FOR ASSOCIATED BUILDERS & CONTRACTORS 1 TAX POINT ADVISORS is a National Tax Consulting Firm. has 30 years of collective R&D tax incentive expertise. works closely with
More informationVillage of Hinckley: Local, State and Federal Tax Incentive Programs
www.dcedc.org 421 N. California Street Suite 200 Sycamore, IL 60178 [phone] 815.895.2711 [fax] 815.895.8713 Village of Hinckley: Local, State and Federal Tax Incentive Programs Following is a brief description
More informationLife Sciences Outlook
Greater Toronto 2018 JLL Research Report Life Sciences Outlook Breakthrough discoveries at a breathtaking pace 2 Greater Toronto The Greater Toronto area is home to Canada s largest combined life sciences
More informationAlternative Asset Class Predictions: Asia Region
Alternative Asset Class Predictions: Asia Region Interim Findings Summary - First Survey (May, 2010) Adapted from detailed Interim Report 28 June, 2010 by Dr. Sally Ernst Summary of Findings With an Indicator
More informationEconomic Impact of Hospitals and Health Systems in North Carolina. Stephanie McGarrah North Carolina Hospital Association August 2017
Economic Impact of Hospitals and Health Systems in North Carolina Stephanie McGarrah North Carolina Hospital Association August 2017 Overview Health care industry in North Carolina Economic impact of North
More informationWisconsin SCORE: An Overview 2016 LENDERS CONFERENCE ALL THE PLAYERS. Foster vibrant small business communities through mentoring and education.
2016 LENDERS CONFERENCE ALL THE PLAYERS ALL THE PLAYERS Panel Members Dave Maaske, SCORE Luke Kempen, SBDC Wenda Roycraft, Lincoln Opportunity Fund Mike Hetzel, WWBIC Dave Kircher, WI Minority Chambers
More informationHow are Things Going? Thoughts to Barry County
How are Things Going? Thoughts to Barry County Jim Robey February 25, 2016 1 Upjohn Institute for Employment Research The Institute is an activity of the Upjohn Unemployment Trustee Corporation, which
More informationKey findings & recommendations. Brief
Brief The Sri Lanka FAO growth roundtable 2012 held on 2 August 2012 was organised by CIMA and SLASSCOM to identify constraints to the growth of FAO operations in Sri Lanka and facilitate discussion of
More informationENTREPRENEURSHIP. Training Course on Entrepreneurship Statistics September 2017 TURKISH STATISTICAL INSTITUTE ASTANA, KAZAKHSTAN
ENTREPRENEURSHIP Training Course on Entrepreneurship Statistics 18-20 September 2017 ASTANA, KAZAKHSTAN Can DOĞAN / Business Registers Group candogan@tuik.gov.tr CONTENT General information about Entrepreneurs
More informationQ Manpower. Employment Outlook Survey Global. A Manpower Research Report
Manpower Q3 2 Employment Outlook Survey Global A Manpower Research Report Manpower Employment Outlook Survey Global Contents Q3/ Global Employment Outlook 1 International Comparisons Americas International
More informationInternational Benchmarking of Countries Policies and Programs Supporting SME Manufacturers BY STEPHEN J. EZELL AND DR. ROBERT D.
International Benchmarking of Countries Policies and Programs Supporting SME Manufacturers BY STEPHEN J. EZELL AND DR. ROBERT D. ATKINSON SEPTEMBER 2011 ITIF THANKS THE U.S. MANUFACTURING EXTENSION PARTNERSHIP
More information